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Transtech Optelecom Science Holdings (HKSE:09963) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Transtech Optelecom Science Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transtech Optelecom Science Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transtech Optelecom Science Holdings's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Transtech Optelecom Science Holdings Cyclically Adjusted PS Ratio Chart

Transtech Optelecom Science Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Transtech Optelecom Science Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Transtech Optelecom Science Holdings's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Transtech Optelecom Science Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Transtech Optelecom Science Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Cyclically Adjusted PS Ratio falls into.



Transtech Optelecom Science Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Transtech Optelecom Science Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Transtech Optelecom Science Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.895/114.5475*114.5475
=0.895

Current CPI (Dec22) = 114.5475.

Transtech Optelecom Science Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
0.000 0.000
201412 0.972 99.707 1.117
201512 1.521 102.015 1.708
201612 2.307 103.225 2.560
201712 2.480 104.984 2.706
201812 1.962 107.622 2.088
201912 1.426 110.700 1.476
202012 1.010 109.711 1.055
202112 0.600 112.349 0.612
202212 0.895 114.548 0.895

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Transtech Optelecom Science Holdings  (HKSE:09963) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Transtech Optelecom Science Holdings Cyclically Adjusted PS Ratio Related Terms

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Transtech Optelecom Science Holdings (HKSE:09963) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

Transtech Optelecom Science Holdings (HKSE:09963) Headlines

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